Ingersoll-Rand (IR) Tops Q2 EPS by 3c, Raises FY EPS Guidance
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Ingersoll Rand Reports Strong Second-Quarter 2017 Results
July 26, 2017 6:30 AM EDTHighlights (versus prior year, unless otherwise noted):
Revenues up 6 percent, organic revenues* up 7 percent with strength in Climate and continuing improvement in Industrial Q2 continuing EPS of $1.35; adjusted continuing EPS* of $1.49 up 8 percent Reported operating margin up 40 bps, adjusted operating margin* up 40 bps Company guidance for full-year 2017 continuing EPS of approximately $4.22; adjusted continuing EPS raised to approximately $4.50, high end of previous guidance range Continued bookings growth up 3 percent; organic bookings* up 4 percent... More